How IoT companies are changing the world as we know it

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The Internet of Things (IoT) is fueling innovation across the world. IoT companies are tapping more and more industries (or is it the other way around?), connecting thousands of appliances and even entire buildings to the Internet of Things as we speak. It won’t be long now until IoT is implemented in every industry imaginable. In fact, we bet IoT has already affected more industries than you think. This article provides a non-exhaustive list of the main industries influenced by IoT today.

 

1. The automotive industry

The age of the smart car is near. Experts estimate that, by 2020, the world will count as many as 250 million connected cars. Leading the way to a fully connected automotive industry, Tesla has already replaced a great deal of its physical maintenance service with automated software updates.

 

2. Smart homes and offices

IoT companies specializing in smart homes enable home owners to remotely monitor and control heating, lighting, ventilation, … and individual appliances. Smart homes can even save their owners a great deal of money, thanks to energy saving apps such as ONnergy. Evidently, smart home technology and smart offices go hand in hand.

 

3. The healthcare industry

Hospitals are currently experimenting with IoT-connected tag devices such as wrist bands and badges to identify bottlenecks and create better workflows.

 

4. The retail industry

Smart shelves that automatically notify vendors when stock is low, customers who receive personalized coupons on their smartphone the moment they walk into the store, smart price tags that adapt themselves daily to offer and demand, …  Those are only some of the many opportunities IoT creates for the retail industry.

 

5. The logistics industry

Logistics companies are using IoT for more effective fleet management. By connecting their fleet to intelligent platforms, logistics providers gain more insight into fuel consumption, maintenance schedules, … and even driver fatigue. An IoT-connected fleet also enables them to adjust dispatch to real-time traffic conditions.

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